Though Nifty today(12-1-10)opened at 5300 with a gain of 52 points, it declined to 5200 and closed at 5210 with a loss of 39 points. In between there was an up move from 9248(11.00)to 5273(12.00)to touch the Agni level for the day(5270). But soon it started to decline and lost 73 points from that level. Tomorrow's Agni level is at 5225, just 15 points up from the closing today. Nifty may move above Agni level tomorrow if the opening of Asian markets is favorable. But, down trend is likely to continue.
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